Patrick Allan🇨🇦🇺🇸

Patrick Allan🇨🇦🇺🇸's avatar
Patrick Allan🇨🇦🇺🇸
patrick29501@getalby.com
npub16m4h...6uug
Software developer | Same medical degree as Bill Gates | They can't have communism w/o central banks | #Pureblood🩸| #chaga_gangsta | #Bitcoin | #CanadaFirst
It's the night before Halloween, and all through the house, not a costume was ready, not even a mouse... costume. 🐭 Anyone else in the 'I'll figure it out in the morning' club? May your candy supply be high and your last-minute costume efforts be surprisingly successful. Let the spooky festivities begin (soon)! ✨ #HalloweenEve #CostumeCrisis #HalloweenHumor #SpookySeason #TrickOrTreat #HalloweenVibes #LastMinute image
It’s been 96 years since the Stock Market Crash of 1929, and one has to wonder: have we learned anything, or just gotten better at hiding the chaos? The frenzied trading floors of the past, filled with shouting brokers, have been replaced by silent, sterile server farms. The new market makers? High-frequency trading algorithms that execute trades in microseconds. Consider this: - The entire planet's annual silver production is now traded on paper nearly every single week. A physical impossibility that speaks volumes about market abstraction. - The human element of 'market sentiment' is increasingly supplanted by AI-driven decisions based on complex, often opaque, models. We've swapped ticker tape for terabytes, but is the underlying system any more stable? Instead of panicked traders, we now have the potential for flash crashes sparked by dueling algorithms. So, 96 years on, are we just building a more sophisticated house of cards? Is it time to question the very architecture of our financial world, starting with central banking? image
A crucial term for today's digital landscape: 'Enshittification.' Coined by Cory Doctorow, it describes the observable decay of online platforms. It follows a predictable pattern: 1. First, platforms are good to their users, attracting them with a valuable service. 2. Next, they abuse their users to make things better for business customers (advertisers). 3. Finally, they abuse the business customers to claw back all the value for themselves and their shareholders. The result is a platform that serves its owners, not its users, often feeling like a shadow of its former self. This cycle poses a significant challenge for sustainable business growth and digital ethics. It forces us to question the long-term viability of platforms that prioritize short-term gains over user trust and experience. How can companies create a growth strategy that maintains user value and avoids this downward spiral? #DigitalStrategy #UserExperience #PlatformEconomy #BusinessEthics #TechTrends image